Search Results for: Principal

Charles River Associates (CRA) Announces New $250 Million Revolving Credit Facility
Banking Fintech News

Charles River Associates (CRA) Announces New $250 Million Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
Charles River Associates a worldwide leader in providing economic, financial, and management consulting services, today announced a new and expanded revolving credit facility with a bank syndicate comprised of five lenders. The five-year facility is for an aggregate principal amount of up to $250 million, which amount may be decreased at......
Battery Ventures Announces Significant Reinvestment in European, ERP-Software Leader Forterro
Investment Services News Uncategorized

Battery Ventures Announces Significant Reinvestment in European, ERP-Software Leader Forterro

Fintech News Desk
by Fintech News Desk0
Investment Gives Battery New Minority Stake Following the Firm’s Sale of Forterro to Partners Group for €1 Billion Battery Ventures, a global, technology-focused investment firm, announced its reinvestment in Forterro, a European provider of enterprise-resource planning (ERP) software for the industrial midmarket. With the investment, Battery now holds a significant minority......
Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability
Banking Finance News

Valley Bank and The Community Preservation Corporation Commit Up to $100 Million to Finance ESG Loans Focused on Sustainability

Fintech News Desk
by Fintech News Desk0
The relationship will support commercial real estate financing for new construction tied to ESG principles. Partners announce first ESG loan closing for Net Zero Energy, multifamily project in Geneva, NY. Valley National Bank announced a new partnership with The Community Preservation Corporation (CPC) to fund up to $100 million in permanent loans that......
CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office
Banking News

CIT Arranges $67.5 Million Financing for Acquisition and Expansion of Surgical Hospital and Adjacent Medical Office

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Healthcare Finance business served as lead arranger for $67.5 million in financing for the acquisition and future expansion of the Northwest Specialty Hospital in the Greater Spokane market region. Latest Fintech News: Asure Announces Integration with PrismHR to Deliver Payroll Tax Filing System......
Concourse Financial Group Welcomes Key Group
Finance News

Concourse Financial Group Welcomes Key Group

Fintech News Desk
by Fintech News Desk0
The hybrid RIA practice with over $500 million in assets has offices in New Jersey, Massachusetts and Arizona, and is comprised of nine financial professionals. Concourse Financial Group , a division of Protective Life Corporation (“Protective”), supporting more than 500 independent financial professionals nationwide, today announced the successful recruitment of Key Group Management, Inc. (“Key Group”),......
Equitable Announces Acquisition of Penn Investment Advisors
Investments News

Equitable Announces Acquisition of Penn Investment Advisors

Fintech News Desk
by Fintech News Desk0
Acquisition advances Equitable’s wealth management growth strategy Equitable, a leading financial services company and principal franchise of Equitable Holdings, Inc. announced the acquisitioni of Penn Investment Advisors, Inc. (PIA), a registered investment adviser and subsidiary of Penn Community Bank. The acquisition is expected to close in the fourth quarter of 2022. Latest......
Insurtech Ledgebrook Raises $4.2Million to Provide a Best-In-Class Quoting Experience to Wholesale Brokers
Fintech Startups InsurTech News

Insurtech Ledgebrook Raises $4.2Million to Provide a Best-In-Class Quoting Experience to Wholesale Brokers

Fintech News Desk
by Fintech News Desk0
Ledgebrook, an insurtech MGA startup focusing on middle market E&S, has closed a $4.2M seed round led by Brand Foundry Ventures alongside American Family Ventures  Ledgebrook, a Boston-based insurtech founded in March, has announced that it raised $4.2M in seed funding to build out its operations with the goal of writing its first policies in......
Equitable Holdings Mitigates Remaining Redundant Reserves Associated with New York’s Regulation 213 Through Proceeds of Reinsurance Transaction
InsurTech News

Equitable Holdings Mitigates Remaining Redundant Reserves Associated with New York’s Regulation 213 Through Proceeds of Reinsurance Transaction

Fintech News Desk
by Fintech News Desk0
Equitable Holdings, Inc. announced that it has mitigated the remaining $1 billion of redundant reserves associated with New York’s Regulation 213 (“Reg. 213”). The Company’s principal operating subsidiary Equitable Financial Life Insurance Company (“EFLIC”) has entered into an agreement with Global Atlantic Financial Group subsidiary, First Allmerica Financial Life Insurance......
Barclays Announces Upcoming Maturity of iPath Shiller CAPE ETNs
Banking News

Barclays Announces Upcoming Maturity of iPath Shiller CAPE ETNs

Fintech News Desk
by Fintech News Desk0
Barclays Bank PLC (“Barclays”) is issuing a reminder notice today that the iPath Shiller CAPE ETNs are scheduled to mature on October 12, 2022 (the “maturity date”). The ETNs currently trade on the NYSE Arca exchange under the ticker symbol “CAPD”. On the maturity date, Barclays will pay to holders......
TenureX Partners With UK Banking Veteran Martin Fiddaman to Tackle Gaps in UK’s Correspondent Banking Industry
Banking Fintech News

TenureX Partners With UK Banking Veteran Martin Fiddaman to Tackle Gaps in UK’s Correspondent Banking Industry

Fintech News Desk
by Fintech News Desk0
New partnership delivers “correspondent-banking-in-a-box”, providing new revenue streams, improved compliance for smaller firms including overseas banks in the UK, challengers, and fintechs TenureX, the Israeli start-up that is fixing the broken correspondent banking industry, announces a new partnership with a boutique UK consultancy Martin Fiddaman Associates to tackle gaps within the......
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